Cullumber Medical manufacturss hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2019 and 2020 follow. Cullumber Medical Comparative Balance Sheet As of December 31 2020 2019 Assets Current assets \begin{tabular}{|c|c|c|} \hline Cash & $390,000 & $417,500 \\ \hline Accounts raceivable, nat & 1,039,000 & 776,450 \\ \hline Inwentory & 746,000 & 681,100 \\ \hline Other current assets & 381,350 & 247,050 \\ \hline Total current assets & 2,555,350 & 2,122,100 \\ \hline Property, plant, \&. equipment, net & 8,702,200 & 8,439,890 \\ \hline Total assets & $11,257,550 & $10,561,990 \\ \hline \end{tabular} Liabilities and Stockholders' Equity \begin{tabular}{|c|c|c|} \hline Current liabilitiss & $3,196,000 & $2,846,100 \\ \hline Lans-term debt & 3,702,700 & 3,992,600 \\ \hline Total liabilities & 6,899,700 & 6,738,700 \\ \hline Preferred stock, \$5 par value & 59,900 & 58,950 \\ \hline Common stock, $0.25 parvalua & 104,700 & 103,600 \\ \hline Ratainad earnings & 4,195,250 & 3,660,530 \\ \hline Tatal stoclcholdars' equity & 4,359,850 & 3,823,290 \\ \hline Total liabilities and stockholders' eauity & $11,257,550 & $10,561,990 \\ \hline \end{tabular} Calculate the earnings per share (averase of 423,000 shares outstanding for the year) for 2020 . (Round answer to 2 decimal places, eg. 2.55.) Earning per share \$ pershare